Prime Minister Ily Bolozan’s coalition government secured a vote of confidence in the Romanian parliament following a motion of censure submitted by the opposition, which allows it to promote tax increases needed to reduce the larger fiscal deficit in the European Union. The only three -week government has brought to the House with a fast track process to increase VAT, special tax and other contributions, in an effort to prevent the country’s creditworthiness downgrading – which would mean the loss of investment level – and unblock access to community. Addressing opposition MPs, Prime Minister Bolozan asked: “I understand that you do not agree with the measures proposed by the government … So what are the solutions? On the one hand, we are told that the problems in the economy are serious. On the other hand, not to take these measures. Both cannot happen. ” Opposition has announced an appeal to the Constitutional Court […]
Source: News Beast
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